Fannie Mae (FNMA)

[HoldenWalker99]

The capital rule is so onerous that it requires both the "slow and long" and "quick and short" recapitalization route. No matter how you slice it, you need to raise AT LEAST $100 billion. The consent orders will expire in 3-5 years and you need to be comfortably above regulatory minimum at that point. The math doesn't work another way. Massive dilution coming. Sorry.